Jobs at risk as John Lewis depot set to close

A logistics site owned by John Lewis is set to close, risking 72 jobs.

The retailer confirmed at the end of last week that the distribution site in Tinsley near Sheffield is set to close, according to the BBC.

The company is creating 50 new jobs at Logic Leeds, where it already employs 50 staff. And announcement from the company said it hoped that its colleagues at Tinsley would apply for the roles, but made no guarantees.

The John Lewis store in Sheffield remains unaffected by the closure, which is set for October.

The retailer opened an anchor store at the £165m Hammerson development in Leeds, Victoria Gate in 2016.

The John Lewis Partnership started 150 years ago and now has 86,700 partners which own the retail businesses John Lewis and Waitrose. It was forced to restate its profits earlier this month to the tune of £36m following an admittance that it had breached minimum wage regulations. Pre-tax profits now stand at £452.2m for 2016.

Chairman Sir Charlie Mayfield said he was waiving his bonus in light of the breach, but will still be receiving his £1.4m salary, which it says is 70 times the average basic pay of non-management partners.

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